MEMPHIS: More than a third of people in their thirties had a degree in 2013, the study found, and those in their twenties were even better qualified than they had been at the same age. But full-time employment fell by 10 per cent for men and eight per cent for women aged 20-24 between 2008 and 2013.
John Hills, the LSE professor who led the research, said: “The generation born in the 1980s did what was asked of them in gaining more qualifications, but has paid the greatest price through the crisis and is now earning much less than they might have expected. Their future prospects now depend more than ever on what happens to the wealth of their parents and grandparents. But that is very unequally distributed, and so it will be who get helps and benefits from inheritance.”